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Credit Suisse plans to price CS notes linked to Euro Stoxx 50 index
By Tali Rackner
Norfolk, Va., Oct. 27 – Credit Suisse AG plans to price 0% CS notes due Nov. 29, 2022, linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a return cap that is expected to be between 60% and 65%.
If the index falls, the payout will be par.
Credit Suisse Securities (USA) LLC is the agent.
The notes will price on Nov. 24 and settle on Nov. 30.
The Cusip number is 22546VPG5.
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